Hello dear traders, I just had one more example with the aggressive counter trend line that I'm having. 1
And I had this trade for the Bitcoin, entering at 5300. 2
And just the moment I was setting my screen and I was plugging in my microphone the trade was executed. 3
So, the price broke this level of 5300, I will just place it with the 4
green line, so you will see exactly where was my price, and I will explain to you exactly what happened. 5
So, it was 5300. Actually, 6
here was my buy stop, right over here. 7
I left it just when it was going down and I went out and I came back in 5-6 hours and I saw that 8
my trade was on a hundred dollars of profit. 9
I was setting up my screen and then it was this huge movement, this aggressive movement just before midnight 10
with me but with the broker this is the London time right now. 11
The Take Profit was reached just 15 seconds before 10:00 p.m. U.K. time. 12
And if I go to M5 you will see what a huge movement in the last 15 minutes. 13
So, just the time I was setting up my microphone and the desktop my Take Profit was hit. 14
So, let me show you exactly where was my Take Profit. 15
It was the level of 5510. 16
So, I would put it as well exactly 5510. 17
And why the Take Profit 18
was at 5501? This is because you can see now what is the spread, the spread 19
is nearly $20. 20
And this is very common with some of the brokers, that when there is a huge volatility, they will increase 21
the spread. 22
And actually late in the night, or later, in the midnight especially, most of the brokers increase 23
their spread. 24
And this is a thing actually we cannot avoid. Anyway, 25
that's why I am having this $10 extra. 26
My profit was total of 201.16. 27
So, 201$. 28
I don't have a swap because the trade was executed. 29
You can see UK time 16:50, and then it was closed at 21:59. 30
And that's why I didn't pay any swap. So basically, the trade was open during the day and was close during the day. 31
You can see that it went just 1, 2, 3, 4, 5, 6 hours. 32
So yeah, I was out just these 6 hours, I saw the trade was in right here. 33
And I wanted to show the video where I will be setting up the sell stop to protect the trade, to use the formula 34
that I have showed you in this course. 35
But just the moment I was starting, it was this huge movement on M5, in just less than 10 minutes. 36
The price went aggressively higher and hit my Take Profit. Again I say a little bit smaller profit here 37
because of the huge spread. 38
But again I have 200$ of profit. 39
So, nothing to worry about. 40
Just to show you where I am-still an aggressive up trend 41
after the huge movements that the Bitcoin made last week, we are still in an uptrend with the daily chart 42
and I was waiting for more aggressive counter trend lines to come. 43
So, I can enter on cheaper price and there it is. 44
So right now, I will just wait for my other counter trend line and probably I will record some more examples, guys. 45
Thank you for watching. 46
And I wish you great success with this system. Cheers, bye.